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Futures Movers: Crude prices slide on worries about oversupply, China virus fallout

Oil prices are under pressure Thursday as investors await supply data and watch for updates on China’s growing coronavirus outbreak......»»

Category: topSource: marketwatchJan 23rd, 2020

Futures Movers: Oil prices fall a third day on worries about oversupply, China virus fallout

Oil futures tumbled for a third session in a row on Thursday, with U.S. prices logging their lowest finish since late November, on fears that economic growth and oil demand may be hit by the spread of the coronavirus outbreak in China......»»

Category: topSource: marketwatchJan 23rd, 2020

Futures Movers: Oil prices climb as investors see slowdown in new coronavirus cases

Oil futures climb, with traders tying support to a slowdown in the number of new coronavirus cases in China, though worries about the impact of outbreak on crude demand continue to overhang the market as OPEC and its allies weigh an additional output cut......»»

Category: topSource: marketwatchFeb 11th, 2020

Futures Movers: Oil settles lower as worry about oversupply overshadows Middle East disruption

Crude-oil prices finish lower on Tuesday as investors appear to shake off worries of supply disruptions due to unrest in Libya and Iraq......»»

Category: topSource: marketwatchJan 21st, 2020

Futures Movers: Oil prices decline as worry about oversupply overshadows Middle East disruption

Crude-oil prices head lower on Tuesday as investors appear to shake off worries of supply disruptions due to unrest in Libya and Iraq......»»

Category: topSource: marketwatchJan 21st, 2020

Futures Movers: WTI oil slips, Brent gains as trade-linked demand worries play out against U.S. inventory drop

U.S.-based oil prices slip as an escalating trade battle between the Trump administration and China and its potential to dent energy demand offset the upward price pressure that might normally be expected from a surprise decline in U.S. crude inventories......»»

Category: topSource: marketwatchMay 9th, 2019

Futures Movers: Oil prices sink more than 2% as U.S.-China trade spat sparks demand concerns

Crude-oil prices head sharply lower on Tuesday amid lingering worries about a protracted trade conflict between the U.S. and China, which could hurt energy demand......»»

Category: topSource: marketwatchMay 7th, 2019

Oil prices slide for fifth day to lowest in a year as virus fears grow

Oil prices plunged more than 4% on Thursday, down for a fifth day to their lowest since January 2019 as more new coronavirus cases outside China fed fears of a pandemic that could slow the global economy and dent demand for crude......»»

Category: topSource: reutersFeb 27th, 2020

Futures Movers: Oil slumps to 13-month low on fears of economic toll from coronavirus

Oil falls Wednesday, sending the U.S. benchmark to a 13-month low, as the spread of COVID-19 outside China feeds worries over demand for crude......»»

Category: topSource: marketwatchFeb 26th, 2020

Futures Movers: Oil drops nearly 4% as viral outbreak stokes worries about crude demand

Oil futures drop by nearly 4% on Monday as the spread of COVID-19 outside China underlines worries about a potential hit to crude demand......»»

Category: topSource: marketwatchFeb 24th, 2020

Futures Movers: Oil slumps 4% as viral outbreak stokes worries about crude demand

Oil futures fall sharply Monday, dropping 4% as the spread of COVID-19 outside China underlines worries about a potential hit to crude demand......»»

Category: topSource: marketwatchFeb 24th, 2020

Oil falls 1% as spreading virus compounds concerns over demand hit

Oil prices fell around 1% on Friday, pressured by growing worries about fuel demand as a coronavirus epidemic spread further beyond China, and as major crude producers appeared to be in no rush to cut output to buttress the market......»»

Category: topSource: reutersFeb 21st, 2020

Oil prices slide as coronavirus spread beyond China raises demand worries

Oil prices fell on Friday with fears for fuel demand growing as the coronavirus epidemic that originated in China spread further beyond the country, while major crude producers stood pat on taking early action to cut output to support the market......»»

Category: topSource: reutersFeb 20th, 2020

Futures Movers: Oil finds support as worries over China demand ease

Oil futures find support on expectations that efforts by China to stimulate the economy will blunt the hit to crude demand from the country’s COVID-19 outbreak......»»

Category: topSource: marketwatchFeb 20th, 2020

Futures Movers: Oil boosted as worries ease over coronavirus hit to crude demand

Oil futures rise Tuesday, boosted by hopes a slowdown in the number of new, confirmed cases of COVID-19 in China would translate into a smaller-than-feared hit to crude demand......»»

Category: topSource: marketwatchFeb 12th, 2020

Oil prices fall on oversupply worries as virus hits China demand

Oil prices on Monday extended their decline from an early January peak above $70 as the specter of excess supplies loomed over the market after the spreading coronavirus outbreak hit demand in China, the world's largest oil importer......»»

Category: topSource: reutersFeb 9th, 2020

Oil prices skid 2%, extending slide as China virus spreads

Oil prices slumped a further 2% to multi-month lows on Monday as the rising number of cases of the new China virus and city lockdowns deepened concerns about demand for crude, even as Saudi Arabia's energy minister sought to calm the market......»»

Category: topSource: reutersJan 26th, 2020

Oil is on track for its worst week since July amid coronavirus fears

REUTERS/Balazs Koranyi Oil prices fell Friday and are on track for the worst week since July amid fears that China's Wuhan virus will damage global demand. Futures of West Texas Intermediate crude slipped .....»»

Category: topSource: businessinsiderJan 24th, 2020

Oil rises, but potential impact of China virus on fuel demand haunts market

Oil prices climbed on Friday, following a drawdown in U.S. crude stocks, but were set to fall heavily for the week amid worries that a new coronavirus in China that has killed 25 so far may spread, curbing travel, fuel demand and economic prospects......»»

Category: topSource: reutersJan 24th, 2020

Oil slides 2% as glut forecast, China virus overshadow Libya disruption

Oil prices fell about 2% on Wednesday as a market surplus forecast by the International Energy Agency (IEA) and demand worries amid the outbreak of a virus in China outweighed concern over disruptions to Libya's crude output......»»

Category: topSource: reutersJan 22nd, 2020

Futures Movers: Oil prices sink on forecast for surplus in crude supplies

Oil futures are under pressure Wednesday, with fears of an oversupply of crude outweighing a disruption to Libyan production......»»

Category: topSource: marketwatchJan 22nd, 2020